Columbia Banking System Inc reports results for the quarter ended September 30 - Earnings Summary

Columbia Banking System

Thu 22:01

Columbia Banking System Inc COLB.OQ reported quarterly adjusted earnings of 82 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 85 cents.  The mean expectation of fourteen analysts for the quarter was for earnings of 77 cents per share. Wall Street expected results to range from 74 cents to 79 cents per share.
Revenue rose 19.4% to $695.00 million from a year ago; analysts expected $687.91 million. 
Columbia Banking System Inc's reported EPS for the quarter was 78 cents​.
The company reported quarterly net income of $220 million.
Columbia Banking System Inc shares had risen by 2.1% this quarter and gained 4.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.8% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy" 
Wall Street's median 12-month price target for Columbia Banking System Inc is $33.00, about 11.5% above its last closing price of $29.20
This summary was machine generated from LSEG data October 22 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Sep. 30 2026 
0.77
0.82
Beat
Jun. 30 2026 
0.73
0.76
Beat
Mar. 31 2026 
0.69
0.72
Beat
Dec. 31 2025 
0.71
0.82
Beat